Fintel reports that on February 13, 2025, B of A Securities downgraded their outlook for Kraft Heinz (XTRA:KHNZ) from Buy to Underperform.
Analyst Price Forecast Suggests 26.82% Upside
As of January 28, 2025, the average one-year price target for Kraft Heinz is 34,91 €/share. The forecasts range from a low of 29,85 € to a high of 56,97 €. The average price target represents an increase of 26.82% from its latest reported closing price of 27,53 € / share.
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The projected annual revenue for Kraft Heinz is 28,368MM, an increase of 9.76%. The projected annual non-GAAP EPS is 3.07.
What is the Fund Sentiment?
There are 2,006 funds or institutions reporting positions in Kraft Heinz. This is an decrease of 9 owner(s) or 0.45% in the last quarter. Average portfolio weight of all funds dedicated to KHNZ is 0.25%, an increase of 1.47%. Total shares owned by institutions increased in the last three months by 1.76% to 1,106,991K shares.
What are Other Shareholders Doing?
Berkshire Hathaway holds 325,635K shares representing 26.93% ownership of the company. No change in the last quarter.
Bank Of America holds 31,112K shares representing 2.57% ownership of the company. In its prior filing, the firm reported owning 29,368K shares , representing an increase of 5.61%. The firm decreased its portfolio allocation in KHNZ by 72.76% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 24,845K shares representing 2.05% ownership of the company. In its prior filing, the firm reported owning 24,929K shares , representing a decrease of 0.34%. The firm increased its portfolio allocation in KHNZ by 2.00% over the last quarter.
Invesco holds 24,165K shares representing 2.00% ownership of the company. In its prior filing, the firm reported owning 25,006K shares , representing a decrease of 3.48%. The firm decreased its portfolio allocation in KHNZ by 91.73% over the last quarter.
Invesco Qqq Trust, Series 1 holds 23,481K shares representing 1.94% ownership of the company. In its prior filing, the firm reported owning 23,387K shares , representing an increase of 0.40%. The firm increased its portfolio allocation in KHNZ by 7.02% over the last quarter.
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